Global Artificial Intelligence (AI) in Military Market Size, Share, and COVID-19 Impact Analysis, By Offering (Software, Hardware, Services), By Technology (Machine Learning, Natural Language Processing), By Platform (Airborne, Land, Space), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2022 – 2032 .
Industry: Information & TechnologyGlobal Artificial Intelligence (AI) in Military Market Insights Forecasts to 2032
- The Global Artificial Intelligence (AI) in Military Market Size was valued at USD 8.4 Billion in 2022.
- The Market is growing at a CAGR of 14.9% from 2022 to 2032
- The Worldwide Artificial Intelligence (AI) in Military Market Size is expected to reach USD 33.8 Billion by 2032.
- Asia Pacific is expected to grow the fastest during the forecast period.
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The Global Artificial Intelligence (AI) in Military Market size is anticipated to exceed USD 33.8 Billion by 2032, growing at a CAGR of 14.9% from 2022 to 2032. Artificial Intelligence (AI) in the Military Industry is being propelled by factors such as a growing emphasis on the development of high-precision military laser systems.
Market Overview
In recent years, global artificial intelligence (AI) in the military market has seen significant growth and transformation. Artificial intelligence (AI) technologies are increasingly being used by military organizations around the world to improve their operational capabilities, decision-making processes, and overall efficiency. AI applications in the market include autonomous weapons systems, surveillance and reconnaissance, cybersecurity, command and control systems, logistics and transportation, and training and simulation. The increasing need for advanced technologies to address emerging security challenges and modern warfare techniques is one of the key factors driving the growth of AI in the military market. AI systems have the potential to analyze massive amounts of data in real-time, detect patterns, and make accurate predictions, allowing for faster and more effective battlefield decision-making. Furthermore, the development of autonomous systems with AI capabilities, such as unmanned aerial vehicles (UAVs) and unmanned ground vehicles (UGVs), has revolutionized military operations. Without direct human intervention, these autonomous systems can perform a wide range of tasks such as surveillance, reconnaissance, target identification, and even combat operations.
Report Coverage
This research report categorizes the market for the global artificial intelligence (AI) in military market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the artificial intelligence (AI) in military market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the artificial intelligence (AI) in military market.
Global Artificial Intelligence (AI) in Military Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2022 |
Market Size in 2022: | USD 8.4 Bn |
Forecast Period: | 2022 – 2032 |
Forecast Period CAGR 2022 – 2032 : | 14.9% |
022 – 2032 Value Projection: | USD 33.8 Bn |
Historical Data for: | 2018-2021 |
No. of Pages: | 200 |
Tables, Charts & Figures: | 125 |
Segments covered: | By Offering, By Technology, By Platform, and By Region. |
Companies covered:: | Lockheed Martin Corporation, Charles River Analytics, Inc., International Business Machines Corporation, Rafael Advanced Defense Systems, SparkCognition, Thales Group, Raytheon Technologies Corporation, Northrop Grumman Corporation, BAE Systems plc, Thales Group, L3Harris Technologies Inc., Rheinmetall AG and Others. |
Pitfalls & Challenges: | COVID-19 Empact, Challenge, Future, Growth, & Analysis |
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Driving Factors
AI technologies have the potential to significantly improve military organizations' operational capabilities. AI-powered systems can analyze large amounts of data, identify patterns, and provide real-time insights, allowing for faster and more informed battlefield decision-making. These capabilities aid military forces in improving situational awareness, optimizing resource allocation, and gaining a tactical advantage over opponents. The development of self-driving systems such as unmanned aerial vehicles (UAVs), unmanned ground vehicles (UGVs), and autonomous ships has been a major driver of AI adoption in the military. These systems can perform a wide range of tasks with little or no human intervention, such as surveillance, reconnaissance, target identification, and combat operations. AI enables these autonomous systems to navigate complex environments, make independent decisions, and adapt to changing circumstances, thereby expanding military forces' capabilities and reach.
Restraining Factors
The use of artificial intelligence in military applications raises ethical and legal concerns. The development and deployment of self-driving weapons systems, in particular, have sparked debates about the ethics of self-driving decision-making and the possibility of unintended consequences. Concerns have been raised about the loss of human control over AI-powered systems, the possibility of indiscriminate use, and the possibility of civilian casualties. To ensure the responsible and accountable use of AI in military contexts, these ethical and legal challenges necessitate careful consideration and regulation.
Market Segmentation
The Global Artificial Intelligence (AI) in Military Market share is classified into offering, technology, and platform.
The software segment is expected to grow at the fastest pace in the global artificial intelligence (AI) in military market during the forecast period.
The global artificial intelligence (AI) in military market is categorized by offering into software, hardware, and services. Among these, the software segment is expected to grow at the fastest pace in the global artificial intelligence (AI) in military market during the forecast period. In the military domain, the software segment includes the development, deployment, and integration of AI algorithms and applications. Machine learning algorithms, deep learning frameworks, natural language processing systems, computer vision software, and AI platforms specifically designed for military use are all part of this. Data analysis, pattern recognition, autonomous decision-making, and predictive analytics are all possible with software solutions.
- The machine learning segment is expected to hold the largest share of the global artificial intelligence (AI) in military market during the forecast period.
Based on the technology, the global artificial intelligence (AI) in military market is divided into machine learning and natural language processing. Among these, the machine learning segment is expected to hold the largest share of the global artificial intelligence (AI) in military market during the forecast period. Machine learning algorithms are essential for military applications because they allow AI systems to learn from data, identify patterns, and make predictions or decisions based on the information that has been analyzed. These algorithms can be used for a variety of military tasks, including threat detection, anomaly detection, mission planning, target identification, and logistics optimization. To achieve high accuracy and performance, machine learning techniques such as supervised learning, unsupervised learning, and reinforcement learning are used to train AI models on military-specific data.
- The space segment is expected to hold the largest share of the global artificial intelligence (AI) in military market during the forecast period.
Based on the platform, the global artificial intelligence (AI) in military market is divided into airborne, land, and space. Among these, the space segment is expected to hold the largest share of the global artificial intelligence (AI) in military market during the forecast period. The integration of AI technologies in space-based systems, such as satellites, space probes, and other space assets, is part of the space segment. In space missions, AI improves data processing, analytics, and communication capabilities. Data from sensors and cameras onboard satellites can be analyzed by AI algorithms to detect and track objects, identify potential threats, and aid in intelligence gathering.
Regional Segment Analysis of the Global Artificial Intelligence (AI) in Military Market
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Rest of APAC)
- South America (Brazil and the Rest of South America)
- The Middle East and Africa (UAE, South Africa, Rest of MEA)
North America is anticipated to hold the largest share of the global Artificial Intelligence (AI) in Military market over the predicted timeframe.
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North America is projected to hold the largest share of the global artificial intelligence (AI) in military market over the predicted years. North America is a key region in the global AI in military market, owing to the presence of technologically advanced military forces and significant investments in AI research and development. Because of its advanced defense capabilities, strong focus on AI technology, and collaborations between the military and the private sector, the United States, in particular, holds a dominant position in the market. The region benefits from a strong defense industry, large defense budget allocations, and a favorable regulatory environment for the use of AI in military operations.
Asia Pacific is expected to grow at the fastest pace in the global artificial intelligence (AI) in military market during the forecast period. Due to increased defense budgets, modernization efforts, and geopolitical tensions, the Asia Pacific region is experiencing rapid growth in the AI in military market. Countries such as China, India, South Korea, and Japan are heavily investing in artificial intelligence (AI) technologies for military use. These countries want to improve their defense capabilities, situational awareness, and regional security. Furthermore, the region benefits from a large pool of technology talent as well as growing partnerships between defense organizations and technology firms.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the global artificial intelligence (AI) in military along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Lockheed Martin Corporation
- Charles River Analytics, Inc.
- International Business Machines Corporation
- Rafael Advanced Defense Systems
- SparkCognition
- Thales Group
- Raytheon Technologies Corporation
- Northrop Grumman Corporation
- BAE Systems plc
- Thales Group
- L3Harris Technologies Inc.
- Rheinmetall AG
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Developments
- In April 2023, Raytheon Technologies Corporation unveiled RAIVEN, its new AI-assisted EO/IR system. This solution enables military pilots to identify threats more quickly and accurately.
- In March 2023, The United States Army has chosen Northrop Grumman Corporation, in collaboration with Shield AI, for the Future Tactical Unmanned Aircraft System (FTUAS) competition, Increment 2. This competition aims to provide advanced capabilities to the RQ-7B Shadow tactical unmanned aerial system (UAS).
- In January 2023, Lockheed Martin Corporation unveiled its new Aegis AI model. This model is used to improve the Agis Combat System's operational efficiency. The AI-enabled Agis combat system improves operator decision making, situational awareness, reaction time reduction, and the ability to defend against hypersonic threats. It also predicts when parts will require maintenance before they break.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2032. Spherical Insights has segmented the Global Artificial Intelligence (AI) in Military Market based on the below-mentioned segments:
Global Artificial Intelligence (AI) in Military Market, By Offering
- Software
- Hardware
- Services
Global Artificial Intelligence (AI) in Military Market, By Technology
- Machine Learning
- Natural Language Processing
Global Artificial Intelligence (AI) in Military Market, By Platform
- Airborne
- Land
- Space
Global Artificial Intelligence (AI) in Military Market, By Region
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Uk
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of Middle East & Africa
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